Question 1

What implications does the 10-day RSI indicator have for INDP?

Accepted Answer

The RSI Indicator shows that the ticker has stayed in the oversold zone for 11 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.

Question 2

What does a 3-day price advance indicate for INDP?

Accepted Answer

Following a +1.77% 3-day Advance, the price is estimated to grow further. Considering data from situations where INDP advanced for three days, in 192 of 241 cases, the price rose further within the following month. The odds of a continued upward trend are 80%.

Question 3

What does a 3-day decline signify for INDP's future price movement?

Accepted Answer

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where INDP declined for three days, in 289 of 324 cases, the price declined further within the following month. The odds of a continued downward trend are 0%.

Question 4

What does INDP breaking above its upper Bollinger Band indicate?

Accepted Answer

INDP may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 5

How does the Aroon Indicator reflect on INDP's trend?

Accepted Answer

The Aroon Indicator for INDP entered a downward trend on August 02, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

INDP Stock Indaptus Therapeutics (INDP, $2.8) price may drop as it broke higher Bollinger Band on Jun 03, 2024

INDP in -1.80% downward trend, sliding for three consecutive days on August 19, 2024

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